INSUBCONTINENT EXCLUSIVE:
Well, you have to admire a staggered PR plan
lets you earn 1 percent interest on the money you specifically allocate to a Savings Pot
It is the first time Monzo customers have been able to earn interest on their savings through the Monzo app, and is part of wider
incumbent providers.The idea behind Pots is to let you set money aside for specific things, such as a planned holiday, preparing for
Christmas, or simply saving for a rainy day
You can create up to 10 Pots, each with their own name, and then add money to them manually, schedule payments in and out, or round up your
The savings accounts are flexible, so you can take money out of your Savings Pots at any time, where it will arrive back in your main Monzo
account the next working day
Investec will hold the money in your Savings Pots and pay the 1 percent interest.Savings Pots are covered by the Financial Services
I had the feature from yesterday and it is pretty self-explanatory to use.
